| APA latest price $15.5400 (-0.38%) ($15.1200 - $15.6783) on Fri. Aug. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.22% (three month average) |
RSI | 65 |
Latest Price | $15.5400(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APA advances 0.3% a day on average for past five trading days. |
Weekly Trend | APA advances 5.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APA advance at 0% a week (0% probability) XOP(76%) XLE(73%) OIH(71%) XME(51%) USO(49%) |
Factors Impacting APA price | APA will decline at least -3.11% in a week (0% probabilities). VIXM(-29%) UUP(-18%) TLT(-15%) VXX(-9%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.11% (StdDev 6.22%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|